adidas AG (ADS) — Cash Flow Quality Index
adidas AG (ADS) has a Cash Flow Quality Index of -0.73x as of March 2026. Operating cash flow of €-350.00 Million is below net income of €482.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore investment intensity of adidas AG to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
adidas AG Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for adidas AG across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is adidas AG's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for adidas AG (2013–2025)
Year-by-year earnings quality comparison for adidas AG. For live market cap and the full company financial profile, see adidas AG (ADS) total market value.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.56x | €751.00 Million | €1.34 Billion | ▼ -85.3% |
| 2024 | 3.81x | €2.91 Billion | €764.00 Million | ▲ +529.3% |
| 2022 | -0.89x | €-543.00 Million | €612.00 Million | ▼ -158.8% |
| 2021 | 1.51x | €3.19 Billion | €2.12 Billion | ▼ -56.1% |
| 2020 | 3.44x | €1.49 Billion | €432.00 Million | ▲ +141.1% |
| 2019 | 1.43x | €2.82 Billion | €1.98 Billion | ▼ -9.6% |
| 2018 | 1.58x | €2.69 Billion | €1.70 Billion | ▲ +5.0% |
| 2017 | 1.50x | €1.65 Billion | €1.10 Billion | ▲ +13.3% |
| 2016 | 1.33x | €1.35 Billion | €1.02 Billion | ▼ -22.9% |
| 2015 | 1.72x | €1.09 Billion | €634.00 Million | ▲ +20.2% |
| 2014 | 1.43x | €701.00 Million | €490.00 Million | ▲ +77.6% |
| 2013 | 0.81x | €634.00 Million | €787.00 Million | — |